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China Likely to Enforce Zero-COVID Policy amid Fresh New COVID Outbreak
Chinese health officials eyes infections are to increase with residents in Northern China placed under strict lockdown
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Brent Breaks $86 Level with Traders Eyeing Downside to Demand
Crude oil benchmark Brent broke $86 price level with oil demand in question given possibility of resurgence of another round of COVID-19 wave in winter
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GTG Brings Thai Hemp-Cannabis Products to International Stage at the MJBizCon 2021
With a diverse selection of hemp and cannabis products, GTG piqued international visitors' interest and received a satisfactory response
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STA Down 6% as Rubber Gloves Price Is on Downtrend
Analyst forecasts STA will earn a net profit of 3,714 million baht in 3Q21, but sales volume is expected to fall short of the target as COVID-19 pandemic improves globally
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Stocks in Focus on October 25, 2021: ORI and SABINA
Stocks in Focus on October 25, 2021: ORI (TP at ฿13.00/share) and SABINA (TP at ฿23.30/share)
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Evergrande Shares Rallies Posting Optimism on Shifting Business Focus to Electric Vehicle
The embattled real estate group Evergrande to shift core focus to electric vehicle
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MEGA Jumps 8%, Analyst Recomm. “BUY” on Estimated Record Earnings in 2H21
Analyst expects MEGA's 3Q21 earnings of 400 million baht, marking the fifth consecutive quarter of growth, driven by an increase in GPM YoY from the Mega We Care business
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Property Stocks Extend Gains in Response to New LTV Measure
Property stocks continued to rally in response to the new measure LTV measure from BOT
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Thai Baht Gains as Dollar Looses Steam on FED Chair’s Take on Tapering and Inflation
FED ready to cut back on asset purchases however will not hike interest rates
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Shipping Stocks Slide as Freight Rate Continues to Decline
The share price of shipping stocks edged lower, following the decline in global freight rate
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Kaohoon’s Top News on October 25, 2021
Top news from “Kaohoon Turakij Newspaper” to start the trading day on October 25, 2021
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Daily Strategy: SCBS Expects SET to Trade within 1,630-1,650pts ahead of Fed’s Meeting
SCBS expected volatility after Fed's announcement of tapering, recommending selective buy on 3Q21 earnings stocks